NOT LISTED FOR SALE

40601 Norman Rd Cherry Valley, CA 92223

Estimated Value: $609,000 - $1,067,777

5 Beds
4 Baths
4,360 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $545,000 $125 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,355/month

281 Days on Market

Highlights

  • Stables
  • Spa
  • Primary Bedroom Suite
  • Wine Cellar
  • Covered RV Parking
  • Pond View

About This Home

As of March 2017

Beautiful secluded estate home approx. 4500 sq. ft. on almost 2 acres. Views from every direction. Gorgeous master bedroom w/ views of both mountain ridges, fireplace, sitting room, large walk in closet w/ cabinet island & the master bathroom is to die for... stand alone jetted tub, dual sinks on separate sides & amazing shower w/ 3 shower heads. Two separate master suites downstairs w/ walk-in closets - one has its own entrance - 3 suites total. Huge front porch surrounded by KOI pond, waterfall with a bridge that crosses over to the entrance of the home. Open concept living room with beamed ceilings, dining room, stone fireplace, slate & wood flooring & doors opening up the the massive outside patio area. Separate family with it's own fireplace, wine room, storage room, slate floors with carpet inlay, surround sound and two sets of sliding glass doors w/ views of the Mt. San Jacinto. Two whole house fans, 3 fireplaces total, custom wrought iron stair rail, huge laundry room, laundry chute from master bathroom, huge balcony, plantation shutters, 3 car garage w/ tons of storage, fully fenced w/ automatic gate, RV pad w/dump station & hook-ups, 2 stables & corrals, new granite in kitchen, butler's pantry, new carpet, & gas fire pit, and the list goes on...

Last Agent to Sell the Property

KELLI MORENO

PRO STAR REALTY GROUP License #01231718 Listed on: 05/05/2016

Last Buyer's Agent

Kristin Bryan Pierce

CENTURY 21 LOIS LAUER REALTY License #01233998

CENTURY 21 LOIS LAUER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,505

Year Built

  • Built in 1978

Lot Details

  • 1.82 Acre Lot
  • Secluded Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Carport
  • Parking Available
  • Automatic Gate
  • Covered RV Parking

Property Views

  • Pond
  • Mountain

Interior Spaces

  • 4,360 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry Chute

Outdoor Features

  • Spa
  • Outdoor Fireplace

Location

  • Urban Location

Horse Facilities and Amenities

  • Horse Property Improved
  • Stables

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2008
  • Assessor Parcel Number 408080003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,505

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 408080003
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4360.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Outside
  • Levels: Two
  • Price Per Square Foot: 125.00
  • Room Type: Entry, Family Room, Foyer, Great Room, Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Separate Family Room, Two Masters, Wine Cellar
  • Spa Features: Bath
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Stable
  • View: Mountain(s), Pond
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Garage, RV Access/Parking, RV Covered, RV Hook-Ups
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Trash Compactor
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Laundry Chute
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property Improved, Level, Lot Over 40000 Sqft, Paved, Secluded
  • Lot Size Sq Ft: 79279.00
  • Price Per Lot Square Foot: 7.13

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 002008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Jan 23, 2017
Sold by
Kemp Stephen L
Bought by
Toursarkissian Karim and Bond Toursarkissian Jennifer Lea
Seller's Agent
KELLI MORENO
PRO STAR REALTY GROUP
Buyer's Agent
Kristin Bryan Pierce
CENTURY 21 LOIS LAUER REALTY
List Price
$599,000
Sold Price
$545,000
Premium/Discount to List
-$54,000
-9.02%
Current Estimated Value
$883,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,194
Avg. Annual Appreciation
5.75%
Original Mortgage
$424,100
Outstanding Balance
$350,193
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$533,001

Purchase Details

Closed on
Sep 16, 2007
Sold by
Kemp Richard
Bought by
Kemp Richard

Purchase Details

Closed on
Jan 19, 2007
Sold by
Kemp Stephen L and Kemp Richard
Bought by
Kemp Stephen and Kemp Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.11%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 4, 1997
Sold by
World Svgs Bank
Bought by
Kemp Stephen L and Dawes Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,300
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1997
Sold by
Richard Bynum Thomas
Bought by
World Svgs Bank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Toursarkissian Karim $545,000 First American Title Company
Kemp Richard -- None Available
Kemp Stephen L -- None Available
Kemp Stephen -- First American Title
Kemp Stephen L $145,000 Fidelity Title
World Svgs Bank $122,908 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toursarkissian Karim $424,100
Previous Owner Kemp Stephen $417,000
Previous Owner Kemp Stephen L $137,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2017 03/09/17 Sold $545,000 -2.7% $125 / Sq Ft
01/26/2017 01/26/17 Price Changed $559,900 -0.9% $128 / Sq Ft
01/02/2017 01/02/17 Price Changed $564,900 -0.2% $130 / Sq Ft
10/22/2016 10/22/16 Price Changed $565,900 +0.2% $130 / Sq Ft
07/30/2016 07/30/16 Price Changed $565,000 -5.0% $130 / Sq Ft
06/22/2016 06/22/16 Price Changed $595,000 -0.7% $136 / Sq Ft
05/05/2016 05/05/16 For Sale $599,000 -- $137 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,505 $670,860 $116,056 $554,804
2023 $8,505 $644,811 $111,550 $533,261
2022 $8,370 $632,168 $109,363 $522,805
2021 $8,207 $619,773 $107,219 $512,554
2020 $8,125 $613,419 $106,120 $507,299
2019 $7,996 $601,392 $104,040 $497,352
2018 $7,508 $555,900 $102,000 $453,900
2017 $6,484 $478,534 $82,537 $395,997
2016 $6,312 $469,152 $80,919 $388,233
2015 $6,206 $462,106 $79,704 $382,402
2014 $6,209 $453,056 $78,144 $374,912
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    KELLI MORENO

    PRO STAR REALTY GROUP

  • Kristin Bryan Pierce

    Buyer's Agent in 2017

    Kristin Bryan Pierce

    CENTURY 21 LOIS LAUER REALTY

    (909) 748-7084

    3 in this area

    97 Total Sales

    Kristin Bryan Pierce
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16095573

California Regional Multiple Listing Service (CRMLS)

APN: 408-080-003

California Riverside County Cherry Valley 92223

40601 Norman Rd, Cherry Valley, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes